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Greg Pinelli's
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Where to begin! First..the $300B in gas savings is certainly not like a "tax cut." Tax cuts run for definite periods of time..gasoline prices could go up faster than one can say "no new drilling"..anywhere.
Nov 23 20:20 pm
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All Comments by Greg Pinelli »Lower Oil Prices Equivalent to $300B Tax Cut [View article]
Next..who in the world ever thought rising oil/gas prices were a detriment to GDP growth?? They are part and parcel OF GDP growth. More sales..more trucks..more gas/diesel! Duh.
Last..but certainly needn't be least..DO YOU REALLY THINK $600B IS A BIG DEAL?? They'll spend that and whatever it takes..and then there's plenty more where that came from.